Monthly Archives: January 2018

Bitcoin falls as one of the world’s biggest cryptocurrency markets readies a bill to ban trading

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Bitcoin falls as one of the world's biggest cryptocurrency markets readies a bill to ban trading South Korea's justice minister said that the country is preparing a bill that will ban all cryptocurrency trading Park Sang-ki told reporters that there are "great concerns" regarding virtual currencies Bitcoin tumbled more than 12 percent following Park's remarks … Continue reading Bitcoin falls as one of the world’s biggest cryptocurrency markets readies a bill to ban trading →

Bitcoin Price Technical Analysis for 10th January – Small Reversal Signal

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Bitcoin Price Technical Analysis for 01/10/2018 – Small Reversal Signal Bitcoin Price Key Highlights Bitcoin price appears ready for another selloff as price has formed a head and shoulders pattern on the 1-hour chart. Price has yet to break below the neckline around the $14,000 major psychological support. The chart pattern is approximately $3,000 tall … Continue reading Bitcoin Price Technical Analysis for 10th January – Small Reversal Signal →

Bitcoin drops below $15,000 as regulation, demand concerns linger

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Bitcoin drops below $15,000 as regulation, demand concerns linger Bitcoin slumped, dragging down smaller rivals such as ether and litecoin, as concerns that regulators will tighten their grip on the market weigh on the world's largest cryptocurrency. Regulators in China and South Korea are increasing oversight on cryptocurrency trading and mining, while the US Securities … Continue reading Bitcoin drops below $15,000 as regulation, demand concerns linger →

Why African millennials can’t get enough of Bitcoin

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Why African millennials can't get enough of Bitcoin Bitcoin's eye-watering price surge over the past year is proving too tempting to resist despite fears that cryptocurrencies are a bubble floating towards an inevtitable burst. One group for whom it holds particular appeal is African millenials, writes the BBC's Catherine Byaruhanga. Thirty year-old Peace Akware in … Continue reading Why African millennials can’t get enough of Bitcoin →

If the NYSE has its way, a risky leveraged ETF which doubles the return of bitcoin could soon hit the market

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If the NYSE has its way, a risky leveraged ETF which doubles the return of bitcoin could soon hit the market The New York Stock Exchange has asked SEC regulators to list five exchange-traded funds that track bitcoin futures on one of its markets. The ETFs are short-term investment vehicles designed to multiply returns in … Continue reading If the NYSE has its way, a risky leveraged ETF which doubles the return of bitcoin could soon hit the market →

Five predictions for digital currencies in 2018 — including stomach-churning drops, bitcoin-related IPO

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Five predictions for digital currencies in 2018 — including stomach-churning drops, bitcoin-related IPO   More institutions will get into cryptocurrencies this year, analysts say. They expect more regulation and bitcoin's price to drop, before recovering. Stock investors may also get a chance to invest in a digital currency-related IPO. After the bitcoin craze rose to … Continue reading Five predictions for digital currencies in 2018 — including stomach-churning drops, bitcoin-related IPO →

Bitcoin Exchanges seeking clarity over levy of GST

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Bitcoin Exchanges seeking clarity over levy of GST MUMBAI: Are Bitcoin exchanges required to pay goods and services tax? If they are, what would the rate be? And, will GST be levied on the revenues or operating margins of these exchanges? India's top seven Bitcoin exchanges, which include Zebpay, Unocoin, CoinSecure and BtcxIndia, plan to … Continue reading Bitcoin Exchanges seeking clarity over levy of GST →

BITCOIN PRICE – LIVE UPDATES: CRYPTOCURRENCY VALUE RECOVERING AFTER HEAVY RECENT SLUMPS

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BITCOIN PRICE – LIVE UPDATES: CRYPTOCURRENCY VALUE RECOVERING AFTER HEAVY RECENT SLUMPS The value of bitcoin appears to be recovering after a tumultuous period for the cryptocurrency. After hitting a new record high when it passed the $19,850 mark in mid-December, it tumbled rapidly, falling to below $12,000 within days. It has been constantly rising … Continue reading BITCOIN PRICE – LIVE UPDATES: CRYPTOCURRENCY VALUE RECOVERING AFTER HEAVY RECENT SLUMPS →

Bitcoin rises 10% on Peter Thiel fund’s likely holding; may revisit December high

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Bitcoin rises 10% on Peter Thiel fund’s likely holding; may revisit December high Bitcoin prices advanced over 10 per cent in two trading sessions after The Wall Street Journal reported Peter Thiel's Founders Fund has amassed hundreds of millions of dollars of the volatile cryptocurrency. The report further said that the fund bought $15 to … Continue reading Bitcoin rises 10% on Peter Thiel fund’s likely holding; may revisit December high →

Record-breaking 2017 Brought Bitcoin, Altcoins Drastically Increased Mainstream Acceptanc

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Record-breaking 2017 Brought Bitcoin, Altcoins Drastically Increased Mainstream Acceptance As non-profit cryptocurrency research institution CoinCenter’s Neeraj K. Agrawal wrote, 2017 was the year in which Bitcoin and cryptocurrencies went mainstream. Wall Street Numerous major financial institutions have integrated support for Bitcoin, with elite investment banks like Goldman Sachs contemplating the creation of Bitcoin trading desks … Continue reading Record-breaking 2017 Brought Bitcoin, Altcoins Drastically Increased Mainstream Acceptanc →